Monthly survey on retail trade 2024May
Published on 21 June 2024
Sales slowed slightly in May
Note: The change in retail sales does not reflect the change in total household consumption as the latter includes other items such as health care, education and rents
In May, mainly on account of holidays and closures linked to the positioning of bank holidays, turnover in retail trade fell by -0.4% compared with April, following a -0.5% drop the previous month (data adjusted for seasonal and working day variations). Sales of manufactured goods were down (-0.4% after -1.5%). The sharpest falls were recorded in sports equipment (-3.8% after -1.3%), household appliances (-3.4% after +0.1%) and automobile equipment (-2.4% after -0.4%). While others experience moderate increases such as pharmaceuticals (+1.3% after +1.4%) and furniture (+1.0% after +1.9%).
The volume of food sales declined month-on-month (-0.5% after +1.0%).
In terms of distribution channels, sales of small retailers were down (-0.8% after -2.2%), while those of department stores rose slightly (+0.7% after +1.0%).
Three-month-on-three-month, overall turnover in retail trade was up by +0.5%, due to a simultaneous increase in manufactured goods and food products (+0.3% and +0.7% respectively).
The volume of food sales declined month-on-month (-0.5% after +1.0%).
In terms of distribution channels, sales of small retailers were down (-0.8% after -2.2%), while those of department stores rose slightly (+0.7% after +1.0%).
Three-month-on-three-month, overall turnover in retail trade was up by +0.5%, due to a simultaneous increase in manufactured goods and food products (+0.3% and +0.7% respectively).
Total manufactured goods and food sales
Month-on-month change (%) - Seasonally and working-day adjusted volumes
Notes:.
1) Sectors are classified according to the relative weight of the products included in the total aggregate of retail trade (weights are given on the right scale).
2) The aggregated and by sub-sector series are seasonally adjusted on an individual basis. Total and manufactured products series are reconstituted by aggregating the SA-WDA series of the sub-components.
3) SA-WDA: Seasonally and working-day adjusted.
1) Sectors are classified according to the relative weight of the products included in the total aggregate of retail trade (weights are given on the right scale).
2) The aggregated and by sub-sector series are seasonally adjusted on an individual basis. Total and manufactured products series are reconstituted by aggregating the SA-WDA series of the sub-components.
3) SA-WDA: Seasonally and working-day adjusted.
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COM_DET_2288_en__retail-trade-may-2024.pdf
Additional links
Breakdown by industrial product and outlet category – May 2024
Updated on 20 June 2024